IMUX Chart
About

Immunic, Inc., a biotechnology company, develops a pipeline of selective oral immunology therapies for the treatment of chronic inflammatory and autoimmune diseases in the United States and Germany. Its lead development program is IMU-838, which is in Phase 3 clinical and phase 2 clinical development for patients with relapsing and progressive multiple sclerosis; and moderate-to-severe ulcerative colitis. The company also develops IMU-856, which is entering Phase 2 clinical trial, for the restoration of the intestinal barrier function in patients suffering from gastrointestinal diseases, such as celiac disease, inflammatory bowel disease, short bowel syndrome, irritable bowel syndrome with diarrhea, and other intestinal barrier function diseases; and IMU-381, which is in preclinical trial, for the treatment of gastrointestinal diseases. Immunic, Inc. was founded in 2016 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 108.05M
Enterprise Value 73.71M Income -103.05M Sales —
Book/sh 0.11 Cash/sh 0.29 Dividend Yield —
Payout 0.00% Employees 90 IPO —
P/E — Forward P/E -2.46 PEG —
P/S — P/B 8.47 P/C —
EV/EBITDA -0.70 EV/Sales — Quick Ratio 1.17
Current Ratio 1.31 Debt/Eq 7.54 LT Debt/Eq —
EPS (ttm) -0.80 EPS next Y -0.36 EPS Growth —
Revenue Growth — Earnings 2026-02-26 ROA -125.08%
ROE -3.98% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 120.28M
Shs Float 111.63M Short Float 5.55% Short Ratio 4.24
Short Interest — 52W High 1.35 52W Low 0.51
Beta 1.59 Avg Volume 2.86M Volume 2.26M
Target Price $4.88 Recom Strong_buy Prev Close $0.87
Price $0.90 Change 3.81%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.88
Mean price target
2. Current target
$0.90
Latest analyst target
3. DCF / Fair value
$-7.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.90
Low
$3.00
High
$10.00
Mean
$4.88

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-13 main D. Boral Capital Buy → Buy $4
2026-02-09 reit HC Wainwright & Co. Buy → Buy $8
2026-01-07 main D. Boral Capital Buy → Buy $8
2025-11-14 main HC Wainwright & Co. Buy → Buy $8
2025-11-13 main D. Boral Capital Buy → Buy $8
2025-09-29 init Chardan Capital — → Buy $3
2025-09-26 reit HC Wainwright & Co. Buy → Buy $10
2025-09-25 main D. Boral Capital Buy → Buy $10
2025-08-08 main D. Boral Capital Buy → Buy $10
2025-06-25 main D. Boral Capital Buy → Buy $10
2025-06-05 main D. Boral Capital Buy → Buy $10
2025-05-29 main D. Boral Capital Buy → Buy $10
2025-05-23 reit B. Riley Securities Buy → Buy $5
2025-05-01 reit HC Wainwright & Co. Buy → Buy $10
2025-04-30 main D. Boral Capital Buy → Buy $17
2025-04-16 reit B. Riley Securities Buy → Buy $6
2025-04-15 reit HC Wainwright & Co. Buy → Buy $10
2025-04-10 main D. Boral Capital Buy → Buy $17
2025-04-01 main D. Boral Capital Buy → Buy $17
2025-03-25 init William Blair — → Outperform —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20000 16694 — Purchase at price 0.83 per share. NASH DUANE D Officer and Director — 2025-06-13 00:00:00 D
1 100000 76700 — Purchase at price 0.76 - 0.77 per share. NEERMANN JOERG Director — 2025-06-05 00:00:00 D
2 12512 9884 — Purchase at price 0.79 per share. TARDIO JASON President — 2025-06-05 00:00:00 D
3 12512 9884 — Purchase at price 0.79 per share. TARDIO JASON President — 2025-06-05 00:00:00 D
4 15000 11550 — Purchase at price 0.77 per share. VITT DANIEL Chief Executive Officer — 2025-06-04 00:00:00 D
5 15000 11550 — Purchase at price 0.77 per share. VITT DANIEL Officer and Director — 2025-06-04 00:00:00 D
6 45000 32076 — Purchase at price 0.71 per share. WHALEY GLENN Chief Financial Officer — 2025-06-03 00:00:00 D
7 143075 100024 — Purchase at price 0.70 per share. RUDICK RICHARD ALAN Director — 2025-06-03 00:00:00 D
8 25000 14000 — Stock Award(Grant) at price 0.56 per share. WHALEY GLENN Chief Financial Officer — 2025-05-30 00:00:00 D
9 87300 100369 — Purchase at price 1.15 per share. RUDICK RICHARD ALAN Director — 2024-11-12 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-97.92M-99.11M-53.47M-91.58M
TotalUnusualItems-4.80M0.00-32.97M0.00
TotalUnusualItemsExcludingGoodwill-4.80M0.00-32.97M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-100.51M-93.61M-120.41M-92.94M
ReconciledDepreciation134.00K111.00K77.00K85.00K
EBITDA-97.92M-99.11M-86.44M-91.58M
EBIT-98.05M-99.22M-86.52M-91.67M
NetInterestIncome3.39M3.08M1.04M66.00K
InterestIncome3.39M3.08M1.04M66.00K
NormalizedIncome-100.51M-93.61M-87.44M-92.94M
NetIncomeFromContinuingAndDiscontinuedOperation-100.51M-93.61M-120.41M-92.94M
TotalExpenses98.05M99.22M86.52M91.67M
TotalOperatingIncomeAsReported-98.05M-99.22M-119.49M-91.67M
DilutedAverageShares100.17M44.32M31.82M23.65M
BasicAverageShares100.17M44.32M31.82M23.65M
DilutedEPS-1.00-2.11-3.78-3.93
BasicEPS-1.00-2.11-3.78-3.93
DilutedNIAvailtoComStockholders-100.51M-93.61M-120.41M-92.94M
NetIncomeCommonStockholders-100.51M-93.61M-120.41M-92.94M
NetIncome-100.51M-93.61M-120.41M-92.94M
NetIncomeIncludingNoncontrollingInterests-100.51M-93.61M-120.41M-92.94M
NetIncomeContinuousOperations-100.51M-93.61M-120.41M-92.94M
PretaxIncome-100.51M-93.61M-120.41M-92.94M
OtherIncomeExpense-5.84M2.54M-34.93M-1.35M
OtherNonOperatingIncomeExpenses-5.84M2.54M-1.96M-1.35M
SpecialIncomeCharges0.00-32.97M0.00
ImpairmentOfCapitalAssets0.0032.97M0.00
GainOnSaleOfSecurity-4.80M
NetNonOperatingInterestIncomeExpense3.39M3.08M1.04M66.00K
InterestIncomeNonOperating3.39M3.08M1.04M66.00K
OperatingIncome-98.05M-99.22M-86.52M-91.67M
OperatingExpense98.05M99.22M86.52M91.67M
OtherOperatingExpenses17.25M
ResearchAndDevelopment80.05M83.22M71.25M61.12M
SellingGeneralAndAdministration18.01M16.01M15.26M13.30M
GeneralAndAdministrativeExpense18.01M16.01M15.26M13.30M
OtherGandA18.01M16.01M15.26M13.30M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber90.15M45.18M39.31M26.34M
ShareIssued90.15M45.18M39.31M26.34M
TotalDebt1.00M1.33M1.56M992.00K
TangibleBookValue18.43M28.93M113.68M94.14M
InvestedCapital18.43M28.93M113.68M127.11M
WorkingCapital17.16M27.80M112.79M93.59M
NetTangibleAssets18.43M28.93M113.68M94.14M
CapitalLeaseObligations1.00M1.33M1.56M992.00K
CommonStockEquity18.43M28.93M113.68M127.11M
TotalCapitalization18.43M28.93M113.68M127.11M
TotalEquityGrossMinorityInterest18.43M28.93M113.68M127.11M
StockholdersEquity18.43M28.93M113.68M127.11M
GainsLossesNotAffectingRetainedEarnings4.21M3.76M3.04M-252.00K
OtherEquityAdjustments4.21M3.76M3.04M-252.00K
RetainedEarnings-511.40M-410.89M-317.28M-196.87M
AdditionalPaidInCapital525.61M436.06M427.93M324.24M
CapitalStock8.00K4.00K4.00K3.00K
CommonStock8.00K4.00K4.00K3.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest22.44M25.37M14.07M11.98M
TotalNonCurrentLiabilitiesNetMinorityInterest264.00K639.00K992.00K584.00K
LongTermDebtAndCapitalLeaseObligation264.00K639.00K992.00K584.00K
LongTermCapitalLeaseObligation264.00K639.00K992.00K584.00K
CurrentLiabilities22.18M24.73M13.08M11.40M
OtherCurrentLiabilities676.00K271.00K239.00K177.00K
CurrentDebtAndCapitalLeaseObligation740.00K695.00K571.00K408.00K
CurrentCapitalLeaseObligation740.00K695.00K571.00K408.00K
PensionandOtherPostRetirementBenefitPlansCurrent354.00K1.46M890.00K674.00K
PayablesAndAccruedExpenses20.41M22.30M11.38M10.14M
CurrentAccruedExpenses12.56M17.20M7.10M6.40M
Payables7.85M5.10M4.28M3.75M
OtherPayable285.00K373.00K532.00K246.00K
AccountsPayable7.56M4.73M3.75M3.50M
TotalAssets40.87M54.30M127.75M139.10M
TotalNonCurrentAssets1.54M1.76M1.89M34.11M
OtherNonCurrentAssets43.00K42.00K
GoodwillAndOtherIntangibleAssets0.0032.97M
Goodwill0.0032.97M
NetPPE1.54M1.76M1.85M1.10M
GrossPPE1.54M1.76M1.85M1.10M
OtherProperties1.54M1.76M1.85M1.10M
CurrentAssets39.33M52.53M125.86M104.99M
OtherCurrentAssets1.11M2.17M1.23M1.12M
PrepaidAssets1.87M2.31M5.61M14.85M
Receivables684.00K1.37M2.66M2.15M
TaxesReceivable684.00K1.37M2.66M2.15M
CashCashEquivalentsAndShortTermInvestments35.67M46.67M116.37M86.86M
OtherShortTermInvestments0.009.63M0.00
CashAndCashEquivalents35.67M46.67M106.75M86.86M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-85.03M-71.16M-65.26M-83.30M
IssuanceOfCapitalStock191.00K853.00K95.57M42.75M
CapitalExpenditure-264.00K-334.00K-112.00K-67.00K
EndCashPosition35.67M46.67M106.75M86.86M
BeginningCashPosition46.67M106.75M86.86M127.45M
EffectOfExchangeRateChanges-517.00K262.00K-993.00K-130.00K
ChangesInCash-10.49M-60.33M20.88M-40.46M
FinancingCashFlow74.54M1.03M95.76M42.84M
CashFlowFromContinuingFinancingActivities74.54M1.03M95.76M42.84M
NetOtherFinancingCharges74.27M
ProceedsFromStockOptionExercised77.00K180.00K187.00K92.00K
NetPreferredStockIssuance0.0055.99M
PreferredStockIssuance0.0055.99M
NetCommonStockIssuance191.00K853.00K39.58M42.75M
CommonStockIssuance191.00K853.00K39.58M42.75M
InvestingCashFlow-264.00K9.46M-9.74M-67.00K
CashFlowFromContinuingInvestingActivities-264.00K9.46M-9.74M-67.00K
NetInvestmentPurchaseAndSale0.009.80M-9.63M0.00
SaleOfInvestment0.009.80M
PurchaseOfInvestment-9.63M0.00
NetPPEPurchaseAndSale-264.00K-334.00K-112.00K-67.00K
PurchaseOfPPE-264.00K-334.00K-112.00K-67.00K
OperatingCashFlow-84.77M-70.83M-65.14M-83.23M
CashFlowFromContinuingOperatingActivities-84.77M-70.83M-65.14M-83.23M
ChangeInWorkingCapital564.00K15.05M9.53M-9.28M
ChangeInOtherCurrentLiabilities416.00K96.00K-124.00K170.00K
ChangeInOtherCurrentAssets1.86M3.86M
ChangeInPayablesAndAccruedExpense-1.72M11.09M2.16M3.35M
ChangeInAccruedExpense-4.86M10.28M1.36M3.17M
ChangeInPayable3.15M817.00K799.00K176.00K
ChangeInAccountPayable3.15M817.00K799.00K176.00K
ChangeInPrepaidAssets3.86M7.49M-12.80M
OtherNonCashItems6.49M8.62M
StockBasedCompensation8.53M7.10M7.93M5.95M
AssetImpairmentCharge0.0032.97M0.00
DepreciationAmortizationDepletion134.00K111.00K77.00K85.00K
DepreciationAndAmortization134.00K111.00K77.00K85.00K
OperatingGainsLosses30.00K523.00K4.76M4.33M
NetForeignCurrencyExchangeGainLoss30.00K523.00K4.76M4.33M
NetIncomeFromContinuingOperations-100.51M-93.61M-120.41M-92.94M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for IMUX
Date User Asset Broker Type Position Size Entry Price Patterns